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Dangote Refinery IPO Attracts Billions in Minutes, Investors Eager to Join
Business
14 Sept•The Abuja Times

Dangote Refinery IPO Attracts Billions in Minutes, Investors Eager to Join

The initial public offering (IPO) of Dangote Refinery has sparked a remarkable surge in investment, with billions of naira subscribed within minutes of its launch. This unprecedented interest underscores the market's confidence in the refinery's potential impact on Nigeria's economy.

Dangote Refinery Launches Africa's Largest IPO, Targets $1.6 Billion
Business
14 Sept•The Abuja Times

Dangote Refinery Launches Africa's Largest IPO, Targets $1.6 Billion

Dangote Refinery has officially opened its order book for a monumental initial public offering (IPO) aimed at raising $1.6 billion, setting a new record for Africa. The month-long share sale will offer 4.1 billion shares at N525 per unit, concluding on October 13, with an anticipated listing in November.

BRICS Nations Move Towards Local Currency Trading to Enhance Bilateral Trade
Business
13 Sept•The Abuja Times

BRICS Nations Move Towards Local Currency Trading to Enhance Bilateral Trade

In a significant economic shift, BRICS countries have agreed to facilitate trade using local currencies, a strategy aimed at reducing transaction costs and promoting bilateral trade. This move marks a pivotal step in reshaping international trade dynamics among member nations.

Nigeria and China Strengthen Tourism Ties to Boost Chinese Visitor Influx
Lifestyle & Culture
13 Sept•The Abuja Times

Nigeria and China Strengthen Tourism Ties to Boost Chinese Visitor Influx

Nigeria's National Tourism Development Authority (NTDA) is advocating for a structured tourism programme to enhance cooperation with China, aiming to attract more Chinese tourists to Nigeria. This initiative highlights the growing partnership between the two countries in the tourism sector.

BRICS Leaders Endorse Key Resolutions on Trade and Multilateral Cooperation
Africa
13 Sept•The Abuja Times

BRICS Leaders Endorse Key Resolutions on Trade and Multilateral Cooperation

During the inaugural day of the BRICS leaders' summit in New Delhi, a comprehensive 45-page declaration was adopted, emphasizing conflict resolution, multilateralism, and trade tariffs. The resolutions signal a united front among member nations to enhance global cooperation and economic stability.

Ajayi Shines as Fastest African in 100m Final at Ultimate Championships
Sports
12 Sept•The Abuja Times

Ajayi Shines as Fastest African in 100m Final at Ultimate Championships

Kayinsola Ajayi narrowly missed a podium finish, securing fourth place in the men's 100m final at the Ultimate Championships in Budapest, clocking a remarkable 9.93 seconds. His performance earned him the title of the fastest African in the event, along with a prize of $25,000.

Call to Action: African Nations Urged to Support Sahrawi Independence Amid UN Inaction
Africa
12 Sept•The Abuja Times

Call to Action: African Nations Urged to Support Sahrawi Independence Amid UN Inaction

As frustrations mount over the United Nations Security Council's inaction regarding the Sahrawi people's plight, advocates are calling for a unified response from African nations, particularly Nigeria and South Africa. The message is clear: it is time for Africa to take a stand and defend the rights of the Sahrawi people in Western Sahara.

Nigerian Ambassador Raises Alarm Over Xenophobic Violence in South Africa
News
12 Sept•The Abuja Times

Nigerian Ambassador Raises Alarm Over Xenophobic Violence in South Africa

Nigeria's Ambassador to South Africa, Femi Fani-Kayode, has expressed grave concerns regarding the deaths of over 30 Nigerians at the hands of South African police since 2022. He warned that Nigeria's patience is wearing thin amid growing tensions surrounding the treatment of its citizens abroad.

Nigeria's Vice President Shettima Champions Multilateralism at BRICS Summit
News
12 Sept•The Abuja Times

Nigeria's Vice President Shettima Champions Multilateralism at BRICS Summit

During the BRICS Summit, Vice President Kashim Shettima met with WTO Director-General Ngozi Okonjo-Iweala, emphasizing Nigeria's commitment to multilateral trade and the significant contributions of its diaspora. Shettima's discussions highlighted the importance of global cooperation in addressing economic challenges.

Xenophobic Violence Claims More Nigerian Lives in South Africa
Africa
12 Sept•The Abuja Times

Xenophobic Violence Claims More Nigerian Lives in South Africa

The death toll of Nigerian nationals in South Africa due to xenophobic attacks has tragically reached seven, following the recent killings of two individuals. Investigations into these incidents remain ongoing, with no arrests made thus far.

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